With the U.S. dollar bandwagon losing passengers, the euro was poised for its best weekly gain in a month and perched at its highest level in more than a week.
The market has seemingly cast aside for now growing fears of a Greek debt default. But Greece will take center stage next week and rank high on the agenda of a meeting of top European officials on April 24.
Greece is facing a ticking clock to strike a deal with its lenders to keep the bailout cash flowing. Without it, Greece could be weeks away from defaulting on its debt, a scenario that could quickly turn ugly for global markets and risk derailing the bloc's recovery which has shown steady signs of improvement in recent weeks.
Commentary
EUR review
With the U.S. dollar bandwagon losing passengers, the euro was poised for its best weekly gain in a month and perched at its highest level in more than a week. The market has seemingly cast aside for now growing fears of…
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